Looking back to before their launch, a Nov. 2017 CBOE blog post by CFA Russell Rhoads speculating on the unknown potential of Bitcoin futures reads:

“The question I am constantly hearing is, ‘How will the futures prices relate to spot bitcoin pricing’, and the best (and most honest) answer I can give is, ‘I don’t know’ [...] I’ve heard arguments for the futures trading at both a premium and a discount to the spot price, personally I think the best strategy is to see what the market tells us when bitcoin futures are available for trading.”

Cointelegraph wrote in early January that the release of Bitcoin futures is an indication that more institutions, like those on Wall Street, are becoming willing to recognize Bitcoin as a legitimate asset.

#CT_questionsWith #CBOE's first futures contracts having expired Wendesday, CME's are next in line. Their first contracts are to expire Jan 26. How will #Bitcoin's price react?